Board Meeting Details

The Board of Directors meeting was held on Friday, 13th November, 2026 at 11:00 A.M. at Office No. 503, Marisoft-1, Survey No. 15, Marigold Premises, Kalyani Nagar, Pune 411014. The meeting concluded at 08:20 PM.

Key Financial Figures - Standalone (₹ in Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹132.38
  • Other income: ₹8.43
  • Total income: ₹140.81
  • Total expenses: ₹135.96
  • Profit before tax: ₹4.85
  • Net profit: ₹4.85
  • Basic EPS: ₹0.97
  • Diluted EPS: ₹0.97

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹277.87
  • Other income: ₹27.85
  • Total income: ₹305.72
  • Total expenses: ₹293.11
  • Profit before tax: ₹12.61
  • Net profit: ₹12.61
  • Basic EPS: ₹2.52
  • Diluted EPS: ₹2.52

Comparative Figures (Quarter):

  • September 2025: Net profit ₹14.35 lakh, EPS ₹2.87
  • June 2026: Net profit ₹7.76 lakh, EPS ₹1.55

Comparative Figures (Half Year):

  • September 2025: Net loss ₹18.82 lakh, EPS (₹3.76)
  • March 2026 (Audited): Net loss ₹1,396.99 lakh, EPS (₹279.40)

Standalone Balance Sheet Position (as at September 30, 2026)

  • Total assets: ₹625.91 lakh
  • Equity share capital: ₹50.00 lakh
  • Other equity: ₹0.88 lakh
  • Total equity: ₹50.88 lakh
  • Borrowings: ₹464.31 lakh
  • Total liabilities: ₹575.04 lakh

Key Financial Figures - Consolidated (₹ in Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹1,675.81
  • Other income: ₹13.33
  • Total income: ₹1,689.14
  • Total expenses: ₹3,092.54
  • Loss before tax: ₹1,403.40
  • Net loss: ₹1,403.40
  • Basic EPS: (₹280.68)
  • Diluted EPS: (₹280.68)

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹4,361.26
  • Other income: ₹32.75
  • Total income: ₹4,394.01
  • Total expenses: ₹6,399.06
  • Loss before tax: ₹2,005.06
  • Net loss: ₹2,005.06
  • Basic EPS: (₹401.01)
  • Diluted EPS: (₹401.01)

Subsidiary Acquisition

During the quarter ended 30 June 2026, on 27 May 2026, the Company acquired 1,49,998 equity shares of Penganga Sakhar Karkhana Private Limited at ₹120 per equity share, for an aggregate consideration of ₹1,79,99,760, representing 99.9987% of its paid-up equity share capital. Subsequently, during the quarter ended 30 September 2026, the Company acquired the remaining 2 equity shares, thereby increasing its shareholding to 100% of the paid-up equity share capital.

Consolidated Balance Sheet Position (as at September 30, 2026)

  • Total assets: ₹16,667.72 lakh
  • Equity share capital: ₹50.00 lakh
  • Other equity: (₹2,002.40) lakh
  • Total equity: (₹1,952.40) lakh
  • Borrowings: ₹16,782.26 lakh
  • Total liabilities: ₹18,620.12 lakh

Related Party Transactions

The Board approved various related party transactions for the quarter and half year ended 30th September, 2026, including:

1. Vyenkatesh Global Ventures Private Limited (Common Shareholder)

  • Unsecured loan taken: ₹6 crore approved, ₹2.28 crore transacted
  • Closing balance: ₹4.01 crore
  • Interest rate: 12%, 1 year tenure, unsecured
  • Purpose: Day to day transactions

2. Vyenkatesh Goldcare Private Limited (Common Shareholder)

  • Unsecured loan taken: ₹3 crore approved, ₹0.53 crore transacted
  • Sale of service: ₹2 crore approved, ₹2.11 crore transacted
  • Closing balance: ₹1.88 crore (loan), ₹1.75 crore (service)
  • Interest rate: 12%, 1 year tenure, unsecured
  • Purpose: Day to day transactions

3. Bharatam Finotech Private Limited (Common Director)

  • Unsecured loan taken: ₹0.5 crore approved, ₹0.04 crore transacted
  • Sale of service: ₹0.5 crore approved, ₹0.64 crore transacted
  • Closing balance: ₹0.14 crore (loan), ₹0.47 crore (service)
  • Interest rate: 12%, 1 year tenure, unsecured
  • Purpose: Day to day transactions

4. Abhinath Manikrao Shinde (Director)

  • Unsecured loan taken: ₹0.01 crore approved and transacted
  • Closing balance: ₹0.01 crore
  • Purpose: Opening current bank account

5. Holasure India Private Limited (Director Relative)

  • Unsecured loan taken: ₹0.5 crore approved, ₹0.01 crore transacted
  • Closing balance: ₹0.42 crore
  • Interest rate: 24%, 2 year tenure, unsecured
  • Purpose: Day to day transactions

6. Employee Compensation

  • Santosh Shahadeo Unmegh (KMP - CFO): Salary ₹12 lakh approved, ₹6 lakh paid
  • Komal Taparia (KMP - CS): Salary ₹3 lakh approved, ₹1.5 lakh paid
  • Vijay Thakkar: Sitting fees ₹0.95 lakh approved, ₹0.01 lakh paid

Auditor Review

N K Mittal & Associates (Firm Registration Number: 113281W) conducted limited review of both standalone and consolidated financial results and reported no material misstatements. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410.

Segment Information

The Company operates in a single segment - Financial Services and others.

Capital Structure

Paid-up equity share capital remains unchanged at ₹50.00 lakh (face value of ₹10 each).